Twelve banks participated in the facility including Abu Dhabi Commercial Bank, Samba Financial Group , Ahli United Bank B.S.C. and Emirates NBD Bank PJSC, Maybank said in a statement.

The proceeds would be used to help finance the expansion of King Abdulaziz International Airport, the third largest airport in Saudi Arabia, it said. (Reporting by Liau Y-Sing; Editing by Niluksi Koswanage)